A question was raised about when profitability would be achieved. The response would have been fine if management had not been promoting for the last year that it WILL happen in Q4-19 or Q1-20. The response was they have enough cash on hand and are confident that they will be EBITDA positive in the future.
really? The future. Well it certainly was not the past.
I’m glad we pay these guys so much to provide those sort of gems. The call left me uninspired.
suggest the SP will take a battering
Ann: Appendix 4C - quarterly, page-60
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